Strategic Financial Management

CA Final - Paper 2 : Strategic Financial Management

ICAI has introduced this paper Financial Management at the CA Final level where you are taught concepts of Capital Budgeting, Derivatives and Portfolio management but also lot of small topics like Security analysis and valuation, Foreign exposure and risk management, International risk management, Interest risk management, Mergers, etc.

Ask yourself this question every morning “Are your excuses more important than your dreams?”

More about Strategic Financial Management

What is Strategic Financial Management?

Strategic Financial Management is popularly referred to as SFM. It helps you to understand various concepts related to decisions in financial management like financing decisions, investment decisions and dividend decisions. This subject is revised keeping in mind the advent of globalisation and huge number of cross border transactions. Developments in the Indian financial system is given equal significance along with the International evolution of finance.

Every CA needs to have technical knowledge about SFM. You need to know about investment decisions, dividend decisions, valuation, securities, risk analysis & management, etc. so that you build logical reasoning and strategic thinking skills so that you can apply this in the practical environment. You will find many career options in this subject too!

What are the topics covered at SFM CA Final Level?

Topics are developed such a way that it facilitates decision making in the domain of financial management. This is the reason why it is not just referred to as financial management; instead it is named as SFM i.e. strategic financial management. This is so that you can solve the issues with various alternative thinking. CA Final SFM not only includes Capital Budgeting, Derivatives and Portfolio management but also lot of small topics like Security analysis and valuation, Foreign exposure and risk management, International risk management, Interest risk management, Mergers, etc.

What is the best approach to study the SFM paper?

Solve (Write and Practice) as many problems as you can and at the same time do not ignore THEORY

Make your own notes for theory even before you start your study leave to overcome time constraints

Be very clear in concepts so that it enables you to courageously face any kind of questions

Write all Formulae in a pocket note book which helps you to have quick recap of entire syllabus at one place

SFM pdf notes are available on our website which you may refer for last minute revision.

To empower every student aspiring to be a CA, CS or CMA to master all subjects in their curriculum and pass their exams at the first attempt with an easy to use tool which they can use to study anytime anywhere